Magellan Health Services, Inc.
MGLN
MGLN was delisted on the 3rd of January, 2022.
188 hedge funds and large institutions have $2.43B invested in Magellan Health Services, Inc. in 2021 Q1 according to their latest regulatory filings, with 45 funds opening new positions, 58 increasing their positions, 59 reducing their positions, and 46 closing their positions.
14% more capital invested
Capital invested by funds: $2.13B → $2.43B (+$294M)
2% less repeat investments, than reductions
Existing positions increased: 58 | Existing positions reduced: 59
2% less first-time investments, than exits
New positions opened: 45 | Existing positions closed: 46
2% less funds holding
Funds holding: 191 → 188 (-3)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
56% less call options, than puts
Call options by funds: $1.68M | Put options by funds: $3.81M
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MF
Magnetar Financial
Evanston,
Illinois
|
+$129M |
| 2 |
VI
Versor Investments
New York
|
+$71M |
| 3 |
AAM
Alpine Associates Management
Palm Beach,
Florida
|
+$64.4M |
| 4 |
Millennium Management
New York
|
+$47.4M |
| 5 |
WIC
Water Island Capital
New York
|
+$45.4M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Brown Advisory
Baltimore,
Maryland
|
-$59.1M |
| 2 |
Point72 Asset Management
Stamford,
Connecticut
|
-$53.3M |
| 3 |
Victory Capital Management
San Antonio,
Texas
|
-$42.3M |
| 4 |
HRCM
Hawk Ridge Capital Management
Los Angeles,
California
|
-$41.4M |
| 5 |
WHG
Westwood Holdings Group
Dallas,
Texas
|
-$37.5M |
MGLN Hedge Fund Activity: Q1 2021 in Review
188 of the 5,695 institutional investors tracked by Wall St. Rank reported a position in Magellan Health Services, Inc. (MGLN) for Q1 2021, worth a combined $2.43B — up 14% from $2.13B a quarter earlier.
Sellers outnumbered buyers: 46 funds closed out of MGLN and 45 opened new positions — a net loss of 1 holder — while 59 trimmed existing stakes and 58 added.
The largest buyer was Magnetar Financial, opening a new position worth an estimated $129M. The largest seller was Brown Advisory, cutting an estimated $59.1M.
- 188 institutional investors held Magellan Health Services, Inc. (MGLN) as of Q1 2021, down from 191 in Q4 2020.
- Funds reported $2.43B of Magellan Health Services, Inc. stock for Q1 2021, up 14% quarter-over-quarter.
- 45 funds opened new Magellan Health Services, Inc. positions in Q1 2021 and 46 closed out, a net change of -1 holder.
- The largest Magellan Health Services, Inc. buyer in Q1 2021 was Magnetar Financial, an estimated $129M added.
- The largest Magellan Health Services, Inc. seller in Q1 2021 was Brown Advisory, an estimated $59.1M sold.
Based on aggregated 13F filings for Q1 2021.